345 Victoria Avenue W

Victoria West, Winnipeg

Property score

54.4

Fair

Overall 54.4 · Larger than most nearby homes

1,135 sqft (top 20%) · Built in 1944 (1 yr older than avg)

Located in a above-average income area with median household income of ~71k

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 3 parks, and 4 place of worships nearby

Living Area

Above average

16% larger than neighborhood avg.

Year Built

Below average

1 yrs older than neighborhood avg.

Mother tongue

English · 83%Tagalog · 3%

Past 10 years Victoria West sales snapshot (~80% of all data)

Sold Count

447

Median price

236.5k

$/sqft

$311/sqft

Avg build year

1945

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Property score

54.4 is composed by the two sections below.

Property Score

48.4Low
Living Area60
1,135 sqftFair
Year Built24
1944Low
Lot Size28
2,900 sqftLow
Neighbourhood Sales Activity67
Good

Community Score

63.4Fair
Household Income72
Good
Education Level10
Low
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

Victoria West

How to read: Share of sales in each ~$50k price band for “victoria west” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110832

Community deep dive

$71K

Median household income

$87K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

36%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)517
Labour force participation rate74%
Median age38.8
Avg household size2.2
Unemployment rate8%
Population density3976 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households36%
Couple families with children21%
Median household income (2020)$71K

Housing

Renter households21%
Condominium dwellings6%
Median dwelling value (owners)$230K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority21%
Bachelor's or higher (25–64)8%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,135 sqft
0255075100
Same streetTop 39%Same areaTop 20%CitywideBottom 43%
Same street · Victoria Avenue W
#159 / 410
Top 39% · Avg 1,381 sqft
Same area · Victoria West
#208 / 1,021
Top 20% · Avg 976 sqft
Citywide · Winnipeg
#110,178 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

around average
278k
0255075100
Same streetBottom 31%Same areaBottom 43%CitywideBottom 24%
Same street · Victoria Avenue W
#284 / 410
Bottom 31% · Avg 447.8k
Same area · Victoria West
#581 / 1,021
Bottom 43% · Avg 281.8k
Citywide · Winnipeg
#148,491 / 194,458
Bottom 24% · Avg 390.1k

Year Built

around average
1944
0255075100
Same streetBottom 31%Same areaBottom 36%CitywideBottom 21%

Lot Size

below average
2,900 sqft
0255075100
Same streetBottom 15%Same areaBottom 5%CitywideBottom 9%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

345 Victoria Avenue W — 9 amenities found within 500 m, across 3 categories, including 2 dining (nearest 450 m), 3 parks (nearest 34 m).

Search radius
🍽️Dining2
🌳Parks3
Worship4

Crime & Safety

Victoria West · WPS public data · 2026

Annual incidents

9

2026

vs. city avg

-69%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Property

56%

Sales History

Sold 5/2024CA$250k–300k
Sold price

Same street

Bottom 43%

Same area

Top 38%

City-wide

Bottom 26%
Sold 2/2016CA$150k–200k
Sold price

Same street

Bottom 11%

Same area

Bottom 15%

City-wide

Bottom 10%

Related homes

Highlights & common questions: 345 Victoria Avenue W, Winnipeg

Property Overview

This home at 345 Victoria Avenue W presents a compelling mix of established character and practical value. Its key appeal lies in offering above-average interior space for its neighborhood at a tax assessment that is notably reasonable. With 1,135 sqft of living space, it ranks in the top 20% within the desirable Victoria West community, providing more room than the local average. However, this comes on a modest 2,900 sqft lot, which is significantly smaller than typical for the area. Built in 1944, it is a classic Winnipeg home that aligns with the neighborhood's vintage.

The property suits buyers who prioritize interior square footage and location over expansive outdoor space. It's an excellent fit for first-time homeowners or downsizers seeking a well-sized home in a mature community without the premium price tag often associated with larger lots. The below-average tax assessment relative to both the street and city-wide averages is a distinct financial advantage, suggesting potentially manageable ongoing costs. This is a home for those who appreciate a established neighborhood's charm and are comfortable with a property whose value is driven more by the house itself and its location than by its land size.

Frequently Asked Questions

1. How does the smaller lot size impact the property's value and livability?
While the lot is smaller than most in the area, this often translates to less maintenance and lower landscaping costs. The value here is concentrated in the living space and location, making it efficient for those who don't prioritize extensive yards.

2. The tax assessment seems low compared to the street average. What does this indicate?
A lower assessment than neighbors on the same street can suggest the municipality views the property as having a lower market value, often influenced by factors like lot size and the home's specific attributes. This typically results in a relatively lower property tax bill, which is a tangible ongoing benefit.

3. As a 1944 home, what should I expect regarding maintenance or updates?
Prospective buyers should budget for and prioritize a thorough inspection. Homes of this era have character but may require updates to mechanical systems (like plumbing or wiring), insulation, or windows to meet modern efficiency standards. Its construction year is very typical for the Victoria West community.

4. The living space ranks highly in the neighborhood but closer to average city-wide. How should I interpret this?
This highlights the neighborhood context. You are getting a home that is spacious compared to its immediate peers in Victoria West, which is a sought-after area. It offers more interior room than many local options, which is a key advantage in this specific market.

5. What's the benefit of the "surrounding map analysis" mentioned in the details?
This tool allows you to visually compare this home's specific metrics—like year built, living area, and assessment value—directly against its immediate neighbors on a map. It provides a clear, instant snapshot of how it fits into the very specific block and streetscape, beyond broader neighborhood averages.